Analysis of attitudes of Slovak population towards the risk of investing

Katarína Kuľková, Faculty of Mathematics, Physics and Informatics, Comenius University in Bratislava, Slovak Republic
Iveta Stankovičová, Faculty of Management, Comenius University in Bratislava, Slovak Republic

Pages: 3 – 14

Abstract

The attitudes of households towards financial risk may be influenced by several factors and circumstances that occurred in the household or can occur in future. The aim of the paper is to identify the determinants affecting the attitudes of Slovak households towards the risk of investing. Survey data on the financial situation of households and consumption (HFCS 2010) were used. A multinomial logistic model, expressing the relationship between the attitude of households to the risk of investing and finding determinants was created in the SAS Enterprise Guide environment.

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